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83rd OREGON LEGISLATIVE ASSEMBLY--2025 Regular Session
Senate Bill 780
Sponsored by Senator NASH, Representative LEVY B; Representatives DRAZAN, HARBICK (Presession filed.)
SUMMARY
The following summary is not prepared by the sponsors of the measure and is not a part of the body thereof subject
to consideration by the Legislative Assembly. It is an editor’s brief statement of the essential features of the
measure as introduced.The statement includes a measure digest written in compliance with applicable readability
standards.
Digest: The Act concerns a limit on moneys put in the County Fair Account. The Act removes
the limit. (Flesch Readability Score: 80.2).
Removes the annual limit of $1.53 million, adjusted for inflation, on allocations from the Ad-
ministrative Services Economic Development Fund to the County Fair Account.
A BILL FOR AN ACT
Relating to allocations to the County Fair Account; amending ORS 565.447.
Be It Enacted by the People of the State of Oregon:
SECTION 1. ORS 565.447 is amended to read:
565.447. (1) Subject only to the availability of unobligated net lottery proceeds, in each fiscal
year there is allocated from the Administrative Services Economic Development Fund to the County
Fair Account created under ORS 565.445 an amount equal to one percent of the net proceeds from
the Oregon State Lottery.[, but not to exceed $1.53 million annually, adjusted biennially pursuant to
an inflation factor determined by dividing the Consumer Price Index for All Urban Consumers, West
Region (All Items), as published by the Bureau of Labor Statistics of the United States Department of
Labor, for January 1 immediately preceding commencement of the biennium, by the Consumer Price
Index for All Urban Consumers of the Portland, Oregon, Standard Metropolitan Statistical Area, as
compiled by the United States Department of Labor, Bureau of Labor Statistics, for January 1, 2001.]
(2) The allocation of moneys from the Administrative Services Economic Development Fund un-
der this section is subject to the requirements in section 4, Article XV of the Oregon Constitution,
for deposit of specified amounts of the net proceeds from the Oregon State Lottery into the Educa-
tion Stability Fund and into the Parks and Natural Resources Fund and shall be made only after
satisfaction or payment of:
(a) Amounts allocated to Westside lottery bonds issued under ORS 391.140 or to the reserves
or any refunding related to the Westside lottery bonds in accordance with the priority for allocation
and disbursement established by ORS 391.130;
(b) All liens, pledges or other obligations relating to lottery bonds or refunding lottery bonds
due or payable during the year for which an allocation is to be made; and
(c) Amounts required by any other pledges of, or liens on, net proceeds from the Oregon State
Lottery.
NOTE:Matter in boldfaced type in an amended section is new; matter [italic and bracketed] is existing law to be omitted.
New sections are in boldfaced type.
LC 1680